Home buying

A portrait of Michele Marrulo by artist Sandro Botticelli hangs at Trinity Fine Arts’ Frieze Masters booth in London, England, Monday Sept. 30, 2019. The Botticelli portrait of a humanist poet that long hung in Madrid’s El Prado Museum is being offered this week for sale during annual London’s Frieze Masters fair for 30 million euros. (AP Photo/James Brooks)
October 02, 2019 - 2:43 am
MILAN (AP) — A Botticelli portrait of a humanist poet that long hung in Madrid's El Prado Museum is being offered this week for sale during London's Frieze Masters art fair for $30 million. But a Spanish law on cultural treasures might create difficulties for a foreign buyer seeking to bring the...
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In this Sept. 3, 2019 photo a newly constructed home rests on a plot of land, in Westwood, Mass. On Wednesday, Sept. 25, the Commerce Department reports on sales of new homes in August. (AP Photo/Steven Senne)
September 25, 2019 - 10:07 am
U.S. new home sales jumped 7.1% in August, as low mortgage rates pull buyers into the housing market. The Commerce Department says that new homes sales increased to a seasonally adjusted annual rate of 713,000, up from a revised 666,000 in July. So far this year, sales have risen a healthy 6.4%...
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FILE - In this Aug. 16, 2019, file photo an under contract sign is displayed along Park Avenue in Richmond, Va. On Thursday, Sept. 19, the National Association of Realtors reports on sales of existing homes in August. (AP Photo/Steve Helber, File)
September 19, 2019 - 10:05 am
WASHINGTON (AP) — U.S. home sales rose 1.3% in August to the highest level in 17 months, as mortgage rates near historic lows have spurred a rush of home-buying. The National Association of Realtors said Thursday that homes sold last month at a seasonally adjusted annualized rate of 5.49 million...
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FILE - This Monday, Aug. 8, 2011, file photo shows the Fannie Mae headquarters in Washington. The Trump administration has unveiled its plan for ending government control of Fannie Mae and Freddie Mac, those are the two giant mortgage finance companies that nearly collapsed in the financial crisis 11 years ago and were bailed out by taxpayers at a total cost of $187 billion, Thursday, Sept. 5, 2019. (AP Photo/Manuel Balce Ceneta, File)
September 05, 2019 - 7:17 pm
WASHINGTON (AP) — The Trump administration has unveiled its plan for ending government control of Fannie Mae and Freddie Mac, the two giant mortgage finance companies that nearly collapsed in the financial crisis 11 years ago and were bailed out at a total cost to taxpayers of $187 billion. The...
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In this Friday, Aug. 16, 2019, photo for sale signs beckon buyers to homes along Park Avenue in Richmond, Va. On Wednesday, Aug. 21, the National Association of Realtors reports on sales of existing homes in July. (AP Photo/Steve Helber)
August 21, 2019 - 10:00 am
WASHINGTON (AP) — U.S. home sales increased 2.5% in July, a sign that lower mortgage rates have produced a spurt of home-buying. The National Association of Realtors says homes sold last month at a seasonally adjusted annualized rate of 5.42 million units. Average interest rates on 30-year...
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FILE - In this Thursday, Aug. 15, 2019 file photo, Secretary of State Mike Pompeo speaks to media during a news conference with Lebanese Prime Minister Saad Hariri at the State Department in Washington. Even though Pompeo has declared a Senate run to be "off the table" next year, many fellow Republicans in Washington and his home state of Kansas aren't buying it. (AP Photo/Carolyn Kaster, File)
August 16, 2019 - 2:55 pm
TOPEKA, Kan. (AP) — Even though U.S. Secretary of State Mike Pompeo has declared a Senate run to be "off the table" next year, many fellow Republicans in Washington and his home state of Kansas aren't buying it. Majority Leader Mitch McConnell is among the GOP senators encouraging the former...
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FILE - In this June 19, 2019, file photo a worker carries shingles for a roof of a house under construction in a Brandon, Miss., neighborhood. On Friday, Aug. 16, the Commerce Department reports on U.S. home construction in July. (AP Photo/Rogelio V. Solis, File)
August 16, 2019 - 8:34 am
WASHINGTON (AP) — U.S. housing starts fell 4.0% in July, driven by a decline in the construction of apartment buildings. The Commerce Department says that housing starts slipped last month to a seasonally adjusted annual rate of 1.19 million units. So far this year, housing starts have declined 3.1...
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August 14, 2019 - 11:41 am
WASHINGTON (AP) — The Federal Housing Administration is changing regulations to make it easier for more first-time condo buyers to receive mortgages. The federal agency has released new guidelines for the types of mortgages it will insure at condominiums. Just 6.5% of the 150,000 condominium...
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Thomas Uhle, grow manager, tends to marijuana plants growing at GB Sciences Louisiana, in Baton Rouge, La., Tuesday, Aug. 6, 2019. Today was the first day the marijuana, which was grown for medical purposes, was processed and shipped to patients in Louisiana. (AP Photo/Gerald Herbert)
August 06, 2019 - 7:09 pm
BATON ROUGE, La. (AP) — A Marine veteran struggling with PTSD and a woman fighting cancer became some of the first people to purchase medical marijuana in Louisiana on Tuesday, as the state became the first in the Deep South to dispense therapeutic cannabis, four years after state lawmakers agreed...
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FILE - In this March 29, 2019, photo, a U.S. F-35A fighter jet prepares to land at Chungju Air Base in Chungju, South Korea. The White House says Turkey can no longer be part of the American F-35 fighter jet program. In a written statement, the White House said Wednesday that Turkey’s decision to buy the Russian S-400 air defense system “renders its continued involvement with the F-35 impossible.” (Kang Jong-min/Newsis via AP)
July 17, 2019 - 4:46 pm
WASHINGTON (AP) — In a major break with a longtime ally, the Trump administration on Wednesday said Turkey is being kicked out of an American-led fighter aircraft program because it is buying a Russian air defense system that would aid Russian intelligence. The decision has significant implications...
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